Gold still trading in the green as the market continues to digest this week’s Federal Reserve rate hike and one veteran trader says he’s getting bullish by the day. ‘We’re seeing pretty good support for gold and silver,’ Todd ‘Bubba’ Horwitz of bubbatrading.com told Kitco News Thursday. ‘Right now, I’d be comfortable buying on dips until proven otherwise.’ However, the Chicago-based trader said he still sees one more pullback for the gold market before he becomes extremely bullish.
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3 Comments
There "might" be a pull back? Mining stocks were slammed last week -20%
this guy has no idea! he seems to "think"alot. I'm a certain bull.. April 14th is the next target for me. peace out!
Bubba rules.